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CEO caravan to converge on Calcutta

Calcutta, Sept. 3: Calcutta will play host to a Rs 1-crore management extravaganza from September 12 to 14 when nearly 100 chief executive officers of various leading companies will speak on new management techniques in the global business perspective at the annual convention of the All India Management Association (AIMA).

About 800 business delegates from all over the country are expected to participate in the convention, which is likely to have chief minister Buddhadeb Bhattacharjee as chief guest. Bhattacharjee, in fact, is believed to have finalised one-on-one meetings with several CEOs of leading Indian and foreign companies during their stay in the city.

Addressing a press conference today to announce the convention, AIMA president Rajive Kaul said the convention would also feature a separate closed-door session—Industry leaders forum—where McKinsey principal David McVeigh will talk on ‘Creative destruction’; McKinsey India managing director Ranjit Pandit will discuss the ‘Global forces at work’; ICICI Bank managing director and CEO K.V. Kamath will speak on ‘Imperatives for Indian companies’; and World-Tel CEO Sam Pitroda will speak on ‘New paradigms for success’.

Kaul said the convention, which has a budget of Rs 1 crore, will enable participants understand and appreciate the forces at work globally and in India that would help reshape the future.

This apart, Pawan K. Munjal will share his experience on how Hero Honda understood the needs of the Indian customer to build the world’s largest two-wheeler manufacturing company. N. S. Sekhsaria would share his perspective on how Gujarat Ambuja established a low-cost position in the cement industry and how this has helped the company build a leadership position in the face of stiff competition. The same session would have J. J. Irani, former managing director of Tisco, talking about “building world class manufacturing companies in India”.

Kaul said the AIMA would pass over the summary of the recommendations of the convention to Planning Commission member N.K. Singh, who would attend the valedictory session on September 14. A copy of the summary prepared by McKinsey India chief Ranjit Pandit will be presented to the Bengal government as well, Kaul noted.

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